Bezos other companies include The Washington Post, Blue Origin, and the 10,000-year clock. (Photo by SAJJAD HUSSAIN/AFP via Getty Images). LVMH chairman and CEO Bernard Arnault is No. He serves on the Supreme Petroleum Council Board and as chairman of the Emirates Investment Authority. June 05, 2020. Forbes places his net worth at TSH. As of 2020, Alice Walton's net worth is $52 billion. The global economy is growing, and women are increasingly important in the workplace. That should include more progressive tax regimes, which impose higher levies on capital and wealth, with the revenue spent on "quality universal healthcare and social protection for all" Mr Sriskandarajah said. After returning home to France, he became CEO of fashion brand Christian Dior, which his family holds a 73% stake in. He earned his fortune through his privately-held financial news and information services media company, Bloomberg LP, of which he owns an 88% stake in. converted to U.S. dollars at current exchange rates Read He owns a 59.3% stake in Inditex, a 21.6% stake in real estate giant Grilse, and has a property portfolio valued at $1.4 billion. To see how each of the 2,095 billionaires are faring each day, Forbes also created a real-time net worth tracker. NBR estimates Hart's net worth at $11 billion, up from an estimated $10 billion in 2019. He has donated over $1 billion worth of assets to his family foundation, the Carl Victor Page Memorial Fund. Oxfam typically releases a report on global inequality at the start of the World Economic Forum meeting in Davos. Tencent products also include web portals, e-commerce, and online multi-player games such as "League of Legends," which Tencent gained ownership of when the original game developer Riot Games was fully acquired by them in December 2015. Bezos, of course, revolutionized the way we shop by founding Amazon. This year's list features 100 Kiwis and is divided into five industry groups: property, make and sell, investment, agribusiness and tech and services. Alibaba Group has six active subsidiaries: Alibaba.com, Tmall.com, eTao, Alibaba Cloud Computing, Taobao Marketplace, and Yahoo! He has yet to catch up to figures such as oil tycoon John D. Rockefeller, who was worth an inflation-adjusted $340 billion when he died. In January 2018 it stood at $100 billion. Talley's Group recognised among New Zealand's largest food processors. In 2018, Hart reportedly donated $10 million to Otago University for a new dental school. Bezos founded ecommerce giant Amazon in 1994 and is still the CEO of the company. There is no definitive answer to this question as it is impossible to measure wealth in an objective manner. 10, with $54.1 billion. The majority of his net worth comes from his 333.3 million shares of Microsoft stock. Why Alex Murdaugh was spared the death penalty, Why Trudeau is facing calls for a public inquiry, The shocking legacy of the Dutch 'Hunger Winter', Why half of India's urban women stay at home. Who are the richest people in the world? He also runs Berkshire Hathaway, which owns more than 60 companies. While collectively their wealth grew from $700bn to $1.5tn between March 2020 and November 2021, there is significant variation between them, with Mr Musk's fortune growing by more than 1,000%, while Mr Gates' rose by a more modest 30%. Let us know below in the comments! He has a net worth of $3.1 billion. Arnault was a great novelist. His net worth reached $340 billion in November 2021, a significant achievement for a billionaire. The combined net worth of the worlds 100 richest women was expected to reach 1.8 trillion U.S. dollars by 2022, according to an analysis of Forbes data. For a brief period at the height of the dotcom bubble in 1999, Bill's net worth topped $100 billion. Elon Musk, the founder of SpaceX and the CEO of Tesla, now has a net worth of more than $273 billion as of September 2022, according to Forbes. According to Forbes figures cited by the charity, the world's 10 richest men are: Elon Musk, Jeff Bezos, Bernard Arnault and family, Bill Gates, Larry Ellison, Larry Page, Sergey Brin, Mark Zuckerberg, Steve Ballmer and Warren Buffet. Graeme Hart tops NBR's list again as New Zealand's wealthiest person. Christopher Cannon, Dean Halford, Brittany Harris and Julian Burgess. He is also the co-founder and former CEO of software company Microsoft, which has become the largest PC software company in the world since its beginnings in 1975. Donald Trump is the next wealthiest person in the race for the 2020 election. The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. Amazon has been under fire for failing to pay taxes, and it has been accused of dodging taxes by its billionaire founder. Sir Robert Jones - Property: $1.1 billion. Warren Buffet, the worlds fifth wealthiest person, has a net worth of $118 billion. He is 89 years old. Mr Das said this was certainly due to communication barriers. He is also the former CEO of web giant Alphabet, which is Google's umbrella parent company and owns multiple subsidiary companies including the Google search engine. He resigned as CEO of Oracle in 2014 after 37 years of service and will retire in 2022. At the time of the agreement, her shares were worth roughly $35 billion. The company then merged with Reuters in 2008 to form Thomson Reuters, which continues today and specializes in financial services, law, healthcare sectors, and tax and accounting services. The 10 Richest People in the World. As of 2020, Rob Walton's net worth is $53 billion. Elections 2022 Sunbiz Sunbiz Business World Business Techworld Shipping. He prefers to stay out of the media and makes few public appearances. He usually played as a winger in both codes. The rest of the company is owned by his sister Jacqueline and his four nieces. After his divorce in 2019, his ex-wife MacKenzie Bezos received 19.7 million shares as part of their divorce settlement, valued at $36 billion at the time. He rarely gives interviews and shuns the spotlight whenever possible. With an estimated net worth of $400 billion, Mansa Musa is estimated to be the wealthiest person in modern history. As at 16 August 2021, he had an estimated fortune of $12.3bn, an increase of $4bn from April 2020. The couple now operate the Bill & Melinda Gates Foundation, the largest transparent charitable foundation in the world. The two were married from 1993 to 2019. As of 2020, Steve Ballmer's net worth is $59 billion. After handing over $36 billion worth of Amazon to ex-wife MacKenzie, Jeff's net worth was $114 billion. He plays for the Chiefs in Super Rugby and Bay of Plenty in the ITM Cup.Nemani is from Nadivakarua, Kubu-lau, Bua. She is Sam Walton's only daughter and is also the richest woman on Forbes'2020 list. This number is likely to be higher if we include those who have assets in Fiji but do not reside there permanently. Forbes recently published its annual list of billionaires and found that the number of billionaires has dropped significantly because of the pandemic -- and even among those still on the list, more than half saw their wealth decrease. Jacqueline Mars is an American businesswoman, from the famous Mars family of the Mars, Incorporated candy company. He represented Fiji under 20 in the 2010 IRB Junior World Championship. Vladimir Putin is a Russian politician, currently serving his second term as the President of Russia. Methodology. He said that the income declaration record and analysis for the construction industries are not good. #20. In the last year, he has made a number of changes, firing some employees and allowing accounts to purchase blue tick verification, which has caused chaos. Having left Mt Roskill Grammar school on his 15th birthday, Hart worked as a tow truck driver and panel beater before starting his first business at age 18, the NBR reports. The surge in Tesla shares in 2020 helped Musk rise to the top of the wealth rankings. As just one example, Elon Musk witnessed his wealth increase at least 1,116% in the last year and a half . Furthermore, it demonstrates the growing wealth and luxury lifestyles enjoyed by the countrys wealthiest individuals. Democratic candidate for President of the United States Michael Bloomberg makes an appearance on this list at #11. He has not only the worlds second-largest wealth, but he is also the richest black man in the world. His net worth peaked in February 2020 at $50 billion. Bill Gates. Jeff first became a billionaire in June 1998. In the year to June 30, 2020, 3.3 million cases of Delegat wines were sold, up 9 percent, making it New Zealand's number one wine exporter. As of 2020, Jack Ma's net worth is $44 billion. The BBC is not responsible for the content of external sites. Peru has the most victims (37), followed by Brazil (16) and Mexico (14). Valuations are These 12 Billionaires Had The Fastest Growing Fortunes Of 2019, MacKenzie Bezos Is Now Officially The Second-Largest Amazon Shareholder And The World's 3rd-Richest Woman, The 15 Richest People On The Planet Right Now. By 2015 his fortune had swelled to $50 billion. Based in Hong Kong, the business reportedly suffered mass disruption and lost sales in February, due to the COVID-19 pandemic. Today we are exploring the world's 30 richest people. Released on Monday, The NBR List reveals the top 10 Kiwi wealth creators for 2021. Hart is a shareholder of Rank Group Holdings Limited (Rank Group Limited), a privately held investment company for pactiv evergreen, Reynolds Consumer Products, Carter Holt Harvey Woodproducts and Graham Packaging. The whole milk powder exporter reported revenue of NZ$1.6 billion in the 2020 financial year. Jeff Bezos, Bill Gates, and Bernard Arnault are the only three members of the over $100 billion club. The richest New Zealander: Graeme Hart AP/Martin Sykes Net worth: $7 billion Forbes rank: 191 Background: Hart increased his wealth by $2 billion since last year. At 89. This is a family of five who inherited the oil business from their father. Rob Walton, 75, was worth about $54.1 billion on March 18, according to Forbes. Brands under Kering include prestigious fashion houses Gucci, Stella McCartney, Alexander McQueen, and Yves Saint Laurent. our complete methodology , Design & development: After a decade of private ownership, in January 2020, Hart took most of the Reynolds packaging group public. She's in ninth place with $54.4 billion. The number of billionaires on Forbes' 35th annual list of the world's wealthiest exploded to an unprecedented 2,755 660 more than a year ago. He has full ownership of the . The richest man in the world is Jeff Bezos. BILL GATES: UNTIL CORONAVIRUS VACCINE, WORLD WONT BE TRULY NORMAL. After graduating from law school, he worked for Conner & Winners, the law firm that represented Walmart. As we mentioned previously, Bill Gates peaked $100 billion in 1999. Talley's delivered frozen vegetables to the Salvation Army to help families during COVID-19. Bernie and Kay Crosby, founders of Hamilton-based Prolife Foods (Alison's Pantry, Mother Earth and Donovan's Chocolate), have also made the list. As the tenth monarch of the Chakri dynasty, his name is also styled as Rama X, and is the oldest Thai monarch to ascent to the throne at age 64. 334 of these individuals are business owners and the other 193 are being analysed by their annual salaries. By entering your email address you're giving us permission to send you news and offers. Most notably, Inditex owns the popular global fashion retailer Zara, as well as other brands like Massimo Dutti, Pull and Bear, Bershka, Stradivarius, and Zara Home. Unfortuantely, no billionaire has been hit harder by the ups and downs of 2020 than Bernard Arnault. Source: Bloomberg reporting. And then three months later it topped $170 billion his all time high. Franoise Bettencourt-Meyers is a French author and heiress, and one of the richest women on the planet. Developed by Dre Boam. Jim and Rosemari Delegat - Agribusiness (Delegat Group wines): $1.01 billion. 5 Profiles of the 100 richest people in Indonesia, the latest of Forbes version Alice Walton, the daughter of Walmart founder Sam Walton, was ranked second among the top 3 richest Americans in terms of wealth, with a net worth of $65.3 billion. He is also a major philanthropist, donating millions of dollars to various causes each year. According to Forbes, the worlds billionaires will reach 2,668 by 2022. During this period, as Microsoft stock struggled, Bill Gates' fortune fluctuated between $50 billion and $60 billion. CEO of Amazon Jeff Bezos was worth $113 on March 18, according to Forbes. He has transferred many of his stakes to his children, and no longer maintains an involvement in the day-to-day operations of his companies, but is still credited as the patriarch of the family fortune. 4, for the first time. She is Sam Walton's only daughter and is also the richest woman on Forbes' 2020 list. Amazon CEO Jeff Bezos, who is worth about $131 billion, topped the list for the second year in a row, followed by software magnate and philanthropist Bill Gates ($96.5 billion) and Berkshire . Eventually, he replaced founder Bill Gates as Microsoft CEO in 2000, before retiring in 2014. For that, the Microsoft founder has consistently been at the top of the world's richest list and was only recently unseated by Bezos. Should you not, there are heavy penalties that will follow. Along with his wife Priscilla Chan, Zuckerberg is part of The Giving Pledge, and the couple plan to eventually donate 99% of their Facebook shares to their foundation, the Chan-Zuckerberg Initiative. Jack Ma is a Chinese internet entrepreneur and businessman, best known as the founder and former CEO of Alibaba Group. These are High Wealth Individuals worth more than a million dollars. He got his start in business after college, when he joined his father's company, before eventually heading his own company selling luxury condominiums in Miami, Florida. Over $890 billion has been amassed by the ten wealthiest people since March 2020. However, many experts believe that Putin has levered his political power to acquire secret ownership in several large firms, such as a 4.5% ownership stake in natural gas producer Gazprom, a 37% stake in oil company Surgutneftegas, and 50% stake in Swiss oil-trader Gunvor. His LVMH owns Louis Vuitton, Moet, Tiffany's, Celine, Dior, Fendi, Sephora, and dozens of other companies. He is also the CEO of Berkshire Hathaway, a multinational conglomerate holding company that owns GEICO, Dairy Queen, and Duracell, as well as holdings in companies such as American Express, Apple, and several major US airline carriers. Forbes estimates that 2,755 billionaires will be billionaires in 2021. As of 2020 MacKenzie Bezos' net worth is $37 billion. The initial public offering (IPO) raised US$1.2 billion at US$26 per share, leaving Hart with a 77 percent stake worth US$4 billion at the offer price. He owns 54% of SpaceX and 22% of Tesla (including 33 million shares), although a 2019 legal deposition revealed that Musk has about $500 million worth of debt, most of which is owed to Morgan Stanley and Goldman Sachs. Despite this, NBR estimates annual sales to be upwards of $1 billion over the year, with growth up around a third on 2019. From left to right: Jim Walton, Alice Walton, Jim's wife Lynne McNabb Walton, Rob Walton's wife Melani Lowman Walton and Rob Walton. This was confirmed by Chief Executive Officer of the Fiji Revenue and Customs Service Visvanath Das. Last year, the company bought Tiffany & Co. for $16.2 billion, which could be the largest luxury brand acquisition, Forbes reported. GET FOX BUSINESS ON THE GO BY CLICKING HERE. Other estimates of Putin's personal fortune top $100 $200 billion. At least 93 journalists have died as a result of the virus throughout Latin America, with Spain reporting the most deaths. As of 2020, Amancio Ortega Gaona's net worth is $52 billion. Mars was born into the famous Mars family, who own the well-known candy company Mars, Incorporated. Larry Page is an American technology entrepreneur, best known as the co-founder of Google alongside Sergey Brin. In previous years, the only financial threshold was $50 million in wealth. Despite his immense success, Buffett is also known to be incredibly humble. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. He is one of the largest individual shareholders in Tesla and serves on the company's Board of Directors. Former Fiji Residents Buying Properties On Naisoso Island; $200m Project Progresses, Grace Road Investigation Is Confidential: Kamikamica. They are powerful players in the global economy and have enormous wealth to their name. The company produces several popular candy bars including Snickers, Twix, and Milky Way. Mukesh Ambani the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 13 consecutive years. As of March 15, 2020, Mark Zuckerberg's net worth is $65 billion. Jeff is the first human to ever top $150 billion and then $170 billion in non-inflation adjusted net worth. 7, with $54.7 billion. That takes into account the $676 million he spent on his failed Presidential campaign. Due to the many construction rehab works happening in Fiji, he said that it is important to look at if they are declaring the income fully. Unfortunately, Yoshiaki's empire ended up imploding and today he is no longer even a billionaire. It is insane. Other notable achievements by Kiwis among the top 10 on The NBR List for 2021 are below. Amancio Ortega, 84, was the wealthiest clothing retailer in the world on March 18, with a net worth of $55.1 billion, according to Forbes. She serves as a board member of the Amon Carter Museum, and is a well-known political contributor, having provided funding for conservative organizations such as Progress for America. (Photo by Dimitrios Kambouris/Getty Images). She owns a 13% stake in Walmart through the Walton Family Holdings Trust and Walton Enterprises, but unlike her siblings, owns no stake in Arvest Bank. Despite his immense wealth, Fang remains a relatively low-profile figure. MacKenzie Bezos is an American novelist, best known for being the former wife of Amazon founder Jeff Bezos. The Bettencourt Meyers family stands in third place with a net worth of $158 billion. It also supports Snowden's Bush Trust, aimed at preserving native lowland bush in the Waimea Plains. Her grandfather had founded the cosmetics company L'Oreal, and her mother Liliane Bettencourt was one of the largest shareholders of the company, passing her stake along to Bettencourt-Meyers after her passing in 2017. The National Business Review (NBR) estimates Hart's net worth at $11 billion, up from an estimated $10. All Rights Reserved. He is 35 years old. He was worth $113 billion on March 18. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright . Julia's late husband was David Koch of Koch Brothers and Koch Industries fame. Mr Das said they have the construction industries on their raider. "What used to happen is the property guys used to really dominate because they are just so wealthy, so there's quite a lot of property people who haven't made it," Slade explained. Jucy founders the Alpe family have dropped off the list. Petero Civonicevais an Australian former professional rugby league footballer of the 1990s, 2000s, and 2010s. Alice Walton, 70, was worth $54.4 billion on March 18. Mark Zuckerberg, 35, was worth $54.7 billion on March 18. His family is considered the richest in Canada. While collectively their wealth grew from $700bn to $1.5tn between March 2020 and November 2021, there is significant variation between them, with Mr Musk's fortune growing by more than 1,000% . [Pictured Jeff and . Zuckerberg founded social media site Facebook in 2004. To see which individual billionaires were at the top of the list, here are the 10 richest people in the world and where they're from, according to Forbes'list of "The Richest in 2020.". She owns a large estate on one of the main islands, and her husband is a successful businessman. These are High Wealth Individuals worth more than a million dollars. Additionally, women are increasing their investment in real estate and stocks. Teslas stock price increased in 2021, resulting in Musks net worth rising. And the Walton familyheirs to Walmart founder Sam Waltonrounds out the top ten. Video - Newshub; Image - Instagram/GraemeHart, Getty. MacKenzie was awarded a 4% stake in Amazon as part of their divorce settlement in April 2019. In other words, there richest 14 people in the world are all men. He also owns the Indian Wells Tennis Garden in Coachella, California, and the Indian Wells Masters Tournament. As of 2011, he has taken a step down from the day to day operations of Inditex. The number of journalists who have died from COVID-19 in 35 countries in four months has surpassed 186. This image was taken byChristophe Morin of Getty Images. Bloomberg reporting. He controls companies such as Telefonos De Mexico and TelCel, and has a 57% stake in mobile phone giant America Movil. As we all know, theres shortage of contractors in the country, so we are looking at the number of construction projects that are happening and the industry is booming. She was married to businessman and co-owner of Koch Industries, David Koch, from 1996 until his passing in August 2019. The 20 richest people in the world have a combined net worth of $1.3 TRILLION. Oxfam is also calling for the intellectual property rights on Covid-19 vaccines to be waived to enable wider production and faster distribution. Dolphins, whales, and seabirds can also be found here, in addition to a large number of marine animals. He also owns The Washington Post and Blue Origin, a space technology company. The rest of the company is owned by her brother John, and her four nieces. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, Australia's richest person has denied she is the mysterious billionaire with $544million in their super . More Covid victims in 'left behind' communities, Davos business leaders' event postponed over Omicron, Global economy faces grim outlook, says World Bank, Tesla starts accepting once-joke currency Dogecoin, Tesla criticised after opening Xinjiang showroom, Street fighting in Bakhmut but Russia not in control, Saving Private Ryan actor Tom Sizemore dies at 61, Alex Murdaugh's legal troubles are far from over, The children left behind in Cuba's mass exodus, Xi Jinping's power grab - and why it matters, Snow, Fire and Lights: Photos of the Week. The former CEO of Bloomberg LP, he left the position to pursue a political career as the Mayor of New York City, and was in office from 2002 2013. FAQ - New Privacy Policy. Today, he owns 22% of Oracle, and has pledged 315 million personal shares as collateral against credit lines and personal debt. [1] Mukesh Ambani the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 13 consecutive years. The richest woman in Fiji is probably worth around $30 million. [2] He is currently world's 10th richest person in the world according to Forbes. Elon Musk is a Canadian-American businessman, inventor, and investor who was originally born in South Africa. Sir Michael Friedlander - Property (Samson Corporation, Sterling Nominees): $2 billion. Notable newcomers Besides MacKenzie Bezos, there are 177 other fresh faces that grace. The Koch brothers are followed by the Waltons, with a net worth of $201.3 billion. "Pony" Ma Huateng is a Chinese internet entrepreneur and the founder, CEO, and executive board member of Tencent Holdings, Ltd. Tencent is one of the most important telecommunications companies in China, with popular products such as instant messing service Tencent QQ and the multi-purpose messaging, social media and mobile payment app Wechat. Read about our approach to external linking. The Forbes survey uses the value of an individual's assets, mainly property and land, minus debts, to determine what he or she "owns". She is the richest woman in the world. Steve Ballmer is an American businessman and sports team owner. Her divorce from Amazon founder Jeff Bezos, instantly made her one of the wealthiest women in the world. Through the Walton Family Holdings Trust and Walton Enterprises, he owns a 13% stake in Walmart, and also has a 44% percent stake in Arvest Bank. (including closely held businesses, art and real estate), cash and other Bernard Arnault is a French businessman and current CEO of luxury goods conglomerate LVMH, which is made up of companies such as Louis Vuitton, Moet & Chandon, and Fendi. [3] Savitri Jindal is currently India's richest woman topping the list at 7th position. In 1975 he and his ex-wife Rosalia Mera founded Inditex, which is best known for the fashion chain Zara, Forbes reported. She is the author of "The Testing of Luther Albright" (2005) and "Traps" (2013), and won an American Book Award in 2006. Among the worlds wealthiest women in 2022, the daughters of the worlds richest men retained their dominance. He is notorious for being reclusive and privatehis feature in Forbes magazine's annual profile of the richest people in the world doesn't even include a photo of him! Buffett is one of the most successful investors of all time, according to Forbes. What originally started as a simple online bookstore, Amazon has since expanded into a massive global retailer and household name. Net Worth Leaders by Continent Let's take a closer look at the top 30 richest people in the world as of 2020. Jeff Bezos has spent much of his wealth on his space travel project Blue Origin, Many girls are unlikely to return to school after the pandemic, according to Oxfam, AOC under investigation for Met Gala dress, Canadian grandma helps police snag phone scammer, The children left behind in Cuba's exodus, Mother who killed her five children euthanised. The following sections will introduce you to the other billionaires and their business strategies. For many years, Hart's equity in Reynolds group was less than its debt - in December 2019, Reynolds carried debt of US$10.6 billion and its net equity was US$2 billion. When her divorce became final she was immediately not just the second-largest-shareholder in Amazon, but also the third-wealthiest in the world. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. Larry Ellison is an American entrepreneur, and the co-founder and former CEO of software giant Oracle. Along with her brothers Rob and Jim, the Walton family is considered one of the wealthiest families in America. He is the youngest billionaire on this list by more than a decade. "This year, what's happening is off the scale," he said. This has led to some speculation about his true net worth, but there is no doubt that he is the richest person in Fiji. For some reasons, their net worth can not be disclosed at this time. Warren Buffett. Dalio, who said he owns less than half the firm in a June 28, 2018 interview on Bloomberg Television, is credited with 49.9% of Bridgewater. The richest man in the world is Jeff Bezos. With an estimated net worth of $1.3 billion, he is by far the wealthiest individual in the country. With a starting price of $2,250 per night, you can vacation in a billionaires paradise inFiji. In its overall report, the website also found that the country with the most billionaires was the U.S., with 614. He was worth $98 billion on March 18, according to Forbes. However for the second year running, the meeting (scheduled for this week) will be online-only after the emergence of the Omicron variant derailed plans to return to an in-person event. Fangs wealth has allowed him to live a life of luxury. Graeme Richard Hart (born 1955) is a New Zealand billionaire businessman and the country's wealthiest person. He owns a 13% stake in Walmart through Walton Family Holdings Trust and Walton Enterprises, as well as a 25.5% stake in another Walton family venture, Arvest Bank. The charity said the incomes of 99% of the world's population had reduced from March 2020 to October . Civoniceva played his club football for the Brisbane Broncos, with whom he won the 1998, 2000 and 2006 NRL Premierships, as well as for the Penrith Panthers, whom he captained.
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